Archive for the ‘Kyoto Protocol’ Category

TOKYO (AFP) – Japan has agreed to buy greenhouse gas emissions quotas from China as part of efforts to meet its Kyoto Protocol target, the Yomiuri Shimbun reported on Thursday.

A Chinese man flies a kite as a heavy fog blankets Tiananmen Square in Beijing, 27 December 2007. Japan has agreed to buy greenhouse gas emissions quotas from China as part of efforts to meet its Kyoto Protocol target, the Yomiuri Shimbun reported on Thursday. (AFP/Teh Eng Koon)
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The two countries will seek a formal accord on the plan during Chinese President Hu Jintao‘s visit to Japan, scheduled for late March, the newspaper said.

Japan plans to use the so-called clean development mechanism, under which industrialised countries can fund projects to cut greenhouse gas emissions in developing countries and offset these reductions against their own output